This chart shows bitcoin including the earliest trading data from MtGox when bitcoin was worth a few cents.
Large channel encompasses all the moves so far. Reveals last spike to 20K plus was small compared to other peaks (bubbles). Also bitcoin is not far off the bottom of this channel.
If the channel holds, bitcoin could rise to possible unfathomable new highs in the coming years.
Did you buy when it was under 10K?
;-)
Large channel encompasses all the moves so far. Reveals last spike to 20K plus was small compared to other peaks (bubbles). Also bitcoin is not far off the bottom of this channel.
If the channel holds, bitcoin could rise to possible unfathomable new highs in the coming years.
Did you buy when it was under 10K?
;-)